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Hedge Analyst II

  • Detroit, Michigan, United States of America
  • FullTime
a man and woman walking in front of a white board with sticky notes

Description

Rocket Mortgage, backed by Rocket Companies®, means more opportunities for you to carve your own career path forward. From our desire to revolutionize the way people get mortgages to addressing challenges big or small with outside-the-box solutions, we’re not your typical employer. We’ll provide you with everything you need to make sure you’re successful here.

Apply today to join a team that offers career growth, amazing benefits and the chance to work with leading industry professionals.

Minimum Qualifications

  • 2 years of experience in trading, financial reporting or another relevant role
  • Bachelor’s degree in Finance, Math, Computer Science, a related field or equivalent relevant experience
  • Advanced experience with Microsoft Excel, including but not limited to, ability to utilize formulas, pivot tables, graphs and charts
  • Advanced knowledge of interest rate risk management concepts
  • Knowledge of mortgage process and secondary market trading

Preferred Qualifications

  • Advanced experience in financial data analysis and reporting
  • Advanced knowledge of Excel modeling
  • Knowledge of SQL

Job Summary

As a Hedge Analyst II, you'll analyze business information and trends to inform or make strategic trading decisions. You'll support efforts to improve hedge strategy and execution based on analysis and market research.

Responsibilities

  • Manage analytical reporting to ensure information is disbursed accurately and timely to internal stakeholders, including leadership
  • Utilize and maintain loan, trade and market level data in reporting systems to answer questions and perform analysis as needed
  • Investigate driving factors and trends for loan, trade and market data to recommend actions as needed
  • Distill data into clear, actionable formats that highlight key performance indicators
  • Construct new reports that improve hedge effectiveness, model performance, trade execution and market insights
  • Assist with the settlement, margining and confirmation of trades as needed
  • Create new modeling to improve accuracy of loan valuation, trade valuation and market data
  • Develop and test hypotheses aimed at improving trade execution and/or hedge effectiveness; document and communicate results with other team members and leadership

Benefits and Perks

Our team members fuel our strategy, innovation and growth, so we ensure the health and well-being of not just you, but your family, too! We go above and beyond to give you the support you need on an individual level and offer all sorts of ways to help you live your best life. We are proud to offer eligible team members perks and health benefits that will help you have peace of mind. Simply put: We’ve got your back. Check out our full list of Benefits and Perks.

Who We Are

Rocket Companies® is a Detroit-based company made up of businesses that provide simple, fast and trusted digital solutions for complex transactions. The name comes from our flagship business, now known as Rocket Mortgage®, which was founded in 1985. Today, we’re a publicly traded company involved in many different industries, including mortgages, fintech, real estate and more. We’re insistently different in how we look at the world and are committed to an inclusive workplace where every voice is heard. We’re passionate about the work we do, and it shows. We’ve been ranked #1 for Fortune’s Best Large Workplaces in Financial Services and Insurance List in 2022, named #5 on People Magazine’s Companies That Care List in 2022 and recognized as #7 on Fortune’s list of the 100 Best Companies to Work For in 2022.

Disclaimer

This is an outline of the primary responsibilities of this position. As with everything in life, things change. The tasks and responsibilities can be changed, added to, removed, amended, deleted and modified at any time by the leadership group.

We are proud equal opportunity employers and committed to providing an inclusive environment based on mutual respect for all candidates and team members. Employment decisions, including hiring decisions, are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law. We also provide reasonable accommodation to qualified individuals with disabilities in accordance with state and federal law.

Rocket Mortgage, backed by Rocket Companies®, means more opportunities for you to carve your own career path forward. From our desire to revolutionize the way people get mortgages to addressing challenges big or small with outside-the-box solutions, we’re not your typical employer. We’ll provide you with everything you need to make sure you’re successful here. 

Apply Now